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Capitalism Fail: Why We Need A New Populist Economics

February 27, 2015 By Jimmy Midnight 2 Comments

The Populist economics I’m advocating are to be contrasted with the Rich-ist economics as currently and globally practiced. Like the plague of industrial pollution and greenhouse gasses, or the genetic pollution plague likely engendered by these chimeric artificial plasmids as shed by GMO crops, our Richist economic management is plaguing us with debt.

Maybe it really did happen. Maybe a muse really did climb up on ‘ol “Jemmy” Madison’s shoulder, when he wrote the immortal words of our Ninth Amendment, “The enumeration of certain rights shall not be construed to disparage others …” Our fourth president thus authored a compelling, nearly perfect, dichotomy, between Children of the Enlightenment, and Construers of Disparagement. (It’s much like psychology’s Sick Freaks and Happy Freaks.)

In the same historical context, another of the founders of our great but troubled nation, and fellow child of the enlightenment, Thomas Paine, wrote that, “We have it in our power to make the world anew.” He was wrong. It turns out that, even in Paine’s time and continuously ever since, every socially, environmentally, macro-economically, artistically, and every other imaginably way progressive, initiative will just evoke resistance—resistance that will of course come from those Construers of Disparagement.

Filed Under: Media & Culture, National News Tagged With: capitalism, economics, inequality, populism, populist economics

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